Los Angeles, California-based distributor BAMKO, a promotional merchandise company, acquires Sutter’s Mill Specialties Inc. According to the company, the transaction closed on Dec 1.
“The acquisition of Sutter’s Mill is a major win for BAMKO. It immediately helps us extend our capabilities,” says Jake Himelstein, president of BAMKO. “We will immediately begin offering custom capabilities to our entire customer base, making us a more capable and valuable partner in ways we can support their businesses.”
BAMKO says the first thing it looks for in an acquisition is a cultural fit and that Michael Butler, the president of Sutter’s Mill Specialties, and his team have built something special that will fit well with BAMKO’s company culture.
“Becoming a part of BAMKO will cement the legacy we’ve built here at Sutter’s Mill,” says Butler. “We’ve been approached by a lot of folks over the years interested in acquiring our business, but none come close to possessing the culture, capabilities, or energy that the BAMKO team is able to infuse into our business. We see where the direction of our industry is headed and BAMKO has proven that it is at the forefront of that change, which is very clearly transforming the future of branded merchandise. While the business side and growth opportunities are so exciting, what excites me most is the opportunity to join forces with such a talented, hard-working, and high-character leadership team. The future is extremely bright here at Sutter’s Mill, and I cannot wait to see how we shape that future together.”